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| If you were waiting to buy precious metals during a correction, now’s your time. However, here’s why you shouldn’t wait for a correction to buy gold and silver: http://bit.ly/2bccXqm
00:01 – Audio Starts 00:04.5 – Announcer: “Gold and silver finishing lower for the third day in a row yesterday. Silver’s been particularly hard-hit as prices fell below $19 per ounce for the first time since June 30th. Crude prices also fell sharply, the dollar lost ground, 10-year Treasury bonds rose, stocks ended marginally lower.” 00:21.5 – “Investors get a look at new home sales today, with reports on durable goods and GDP later in the week. All of that data could matter less to markets than a speech from Fed Chair Janet Yellen scheduled for Friday.” 00:33 – “She’ll speak following the conclusion of the annual meeting in Jackson Hole, Wyoming. Should Yellen signal that economic growth remains below expectations, the dollar’s likely to suffer. The mini-correction in precious metals may reach its end.” 00:47 – “Particularly if her remarks are corroborated by a disappointing report on GDP Friday. Alternatively, a more upbeat assessment of growth and talk of withdrawing stimulus will likely to boost the dollar and weigh on gold and silver prices.” 01:01 – Gold and silver price charts. Price charts do not reflect live prices. If you’d like to see live prices, please visit https://www.moneymetals.com/precious-metals-charts/gold-price to see live gold prices and https://www.moneymetals.com/precious-metals-charts/silver-price to live silver prices. |
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